Pajak Jasa Biro Agen Perjalanan Wisata - PPN 1,1% - 71/PMK.03/2022

Summary

This video provides an update on the latest tax regulation, PMK 71 of 2022, focusing on VAT rates for travel agencies and tour services. It explains the change from the previous 11% VAT to a new 1.1% rate on certain travel-related services. The presenter gives an example of how VAT is calculated on a travel package and highlights the importance of using the correct invoice codes to avoid penalties. The video also mentions that the VAT rate for tourism services will increase to 12% starting January 1, 2025, and offers essential tips for staying compliant with tax regulations.

Takeaways

• 😀 The PPN rate for tourism services (e.g., travel agencies) has changed from 11% to 1.1% as per PMK 71 Tahun 2022.
• 😀 This new PPN rate applies to packaged tours, transport services, and hotel reservations that do not involve commission-based intermediaries.
• 😀 The 1.1% PPN rate will remain in effect until January 1, 2025, when it will revert to 12%.
• 😀 Businesses must use the correct billing code (Code 05) when issuing tax invoices for tourism services.
• 😀 If a business uses an incorrect code or applies the wrong PPN rate, the input tax becomes non-creditable.
• 😀 Errors in tax invoice details (e.g., wrong code, incomplete information) can result in penalties and administrative sanctions.
• 😀 The regulation specifies that PPN is based on the transaction amount (DPP), and businesses must apply the 1.1% rate to the DPP.
• 😀 If businesses fail to apply the correct code or PPN rate, they must correct the invoice and request a revision to avoid tax issues.
• 😀 From April 1, 2012, businesses are required to issue tax invoices with Code 05 for tourism services, not the old code.
• 😀 Non-compliance with PPN invoicing rules could lead to a loss of the ability to claim input tax credit, affecting financial reports and tax filings.

Q & A

What is the key update discussed in the video regarding VAT for travel agencies?

The key update is that the VAT for travel agencies is now set at 1.1% as per PMK 71/2022, replacing the previous 11% rate.

Who should pay attention to the new VAT regulations discussed in the video?

Travel agency owners, businesses operating in the tourism industry, and individuals involved in transactions with travel agencies should pay attention to these updated VAT rules.

What kind of services are affected by the new 1.1% VAT rate?

Services like travel packages, transportation, and accommodation bookings are affected by the new 1.1% VAT rate.

How is the 1.1% VAT calculated for a travel package?

For example, if a travel package costs IDR 10 million, the VAT is calculated as 1.1% of the package price, which results in IDR 110,000.

What happens if a business incorrectly applies the 11% VAT rate instead of the 1.1% rate?

If a business incorrectly applies the 11% VAT rate, they may face penalties or other consequences due to incorrect invoicing.

What is the correct VAT invoice code that should be used after April 1, 2012?

The correct VAT invoice code to use is '05', which was updated on April 1, 2012.

Can businesses claim input tax credits on VAT for travel services under the new regulations?

No, businesses cannot claim input tax credits on VAT related to travel services under the new 1.1% rate.

What should businesses do if they mistakenly issue a VAT invoice with the wrong code?

Businesses should request a correction to the VAT invoice if they mistakenly use the wrong code, as this could prevent customers from claiming input tax credits.

What does the penalty for incorrect VAT invoicing involve?

If the VAT invoice is incorrectly issued, businesses may face administrative penalties as outlined in the relevant tax regulations.

What will happen to the VAT rate for travel services after January 1, 2025?

After January 1, 2025, the VAT rate for travel services will increase to 12%, according to the upcoming regulations.